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 www.nakedcapitalism.com
Debt and Power: An Interview With Michael Hudson | naked capitalism
| | michael-hudson.com
Traumatized Worker Syndrome | Michael Hudson
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| | Michael Hudson in one of his most powerful interviews on the decline of the people in preference for Wall St.
| | dissidentvoice.org
From the Neoliberal Revolution to the Supremacy of Financialized Austerity: A Brief History | Dissident Voice
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| | As an intended outcome of neoliberal doctrine and a natural stage of capitalist development, global financialization constructs a borderless nexus of power in which debt and austerity fuels a cultural, political and economic landscape bound to enduring structures of domination, and creates unprecedented wealth through the accumulation of suffering. ***** According to economist Richard Wolff,
| | economicsfromthetopdown.com
Why Isn't Modern Monetary Theory Common Knowledge? - Economics from the Top Down
5.9 parsecs away

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| | I've always been baffled that modern monetary theory is called a 'theory'. Why don't we just call it 'the way money is'?
| | worthwhile.typepad.com
Worthwhile Canadian Initiative: Alpha banks, beta banks, fixed exchange rates, market shares, and the money multiplier
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| Forget money and banking for a minute. Let's think about international macroeconomics. Just suppose the US Fed, for reasons unknown, pegged the exchange rate of the US dollar to the Canadian dollar. The Fed makes a promise to ensure the...